BIP Wealth LLC Has $9.90 Million Stake in SPDR Portfolio S&P 500 ETF $SPLG

BIP Wealth LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 48.8% in the 3rd quarter, Holdings Channel reports. The firm owned 126,400 shares of the company’s stock after purchasing an additional 41,443 shares during the quarter. BIP Wealth LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $9,902,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Clearstead Trust LLC bought a new position in shares of SPDR Portfolio S&P 500 ETF during the second quarter worth about $30,000. GPS Wealth Strategies Group LLC increased its position in SPDR Portfolio S&P 500 ETF by 194.6% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 489 shares of the company’s stock valued at $36,000 after purchasing an additional 323 shares during the period. GAMMA Investing LLC bought a new position in SPDR Portfolio S&P 500 ETF during the 3rd quarter worth approximately $40,000. Elevation Wealth Partners LLC lifted its position in shares of SPDR Portfolio S&P 500 ETF by 52.4% in the 3rd quarter. Elevation Wealth Partners LLC now owns 573 shares of the company’s stock worth $45,000 after purchasing an additional 197 shares during the period. Finally, Crewe Advisors LLC boosted its stake in shares of SPDR Portfolio S&P 500 ETF by 246.4% in the 2nd quarter. Crewe Advisors LLC now owns 634 shares of the company’s stock valued at $46,000 after purchasing an additional 451 shares during the last quarter.

SPDR Portfolio S&P 500 ETF Stock Down 2.0%

SPLG opened at $79.72 on Thursday. SPDR Portfolio S&P 500 ETF has a twelve month low of $56.67 and a twelve month high of $81.14. The company has a fifty day moving average of $80.25 and a 200-day moving average of $77.98. The stock has a market cap of $94.87 billion, a PE ratio of 25.61 and a beta of 1.00.

SPDR Portfolio S&P 500 ETF Profile

SPDR Russell 1000 ETF (the Fund), formerly SPDR Dow Jones Large Cap ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of large capitalization exchange traded the United States equity securities. The sectors in which the Fund invests include information technology, financials, consumer discretionary, health care, industrials, energy, consumer staples, materials, utilities and telecommunication services.